The It Hospital Share
A debtor organization purchased$ 10 million in student loans with the intention of canceling them, giving almost 3, 000 students a brighter future, according to an inspiring story from Atlanta. The total cost of the purchase was one and a quarter pennies for every dollar of debt, with the low value reflecting the likelihood that the university in question — Morehouse — would be successful.
On Good News Network, the first article titled” Debt Activists Cancel$ 10 Million in Student Loan Debt After Buying it All for a Penny on the Dollar” appeared.
